Examlex
A segmentation plan must produce segments that are accessible-that is,the firm must be able to reach members of targeted segments with customized marketing mixes.
Percentage
A portion in relation to the whole. A ratio between two dichotomous outcomes.
Scales of Measurement
Refers to the methods used to categorize and quantify variables in research, such as nominal, ordinal, interval, and ratio scales.
Descriptive Statistics
Statistical methods that summarize and describe the characteristics of a dataset, such as mean, median, and standard deviation.
Inferential Statistics
A branch of statistics that allows us to make predictions or inferences about a population based on a sample of data.
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